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NRI Investment

Mutual Funds - NRI

New to the world of mutual funds?

Regardless of your level of experience, we guarantee that Vrddhi Financial Services provides tailored solutions to meet your NRI investment objectives, risk tolerance, investment horizon, and liquidity requirements.

For NRI investors, Vrddhi Financial Services provides a range of NRI mutual fund investment schemes, including:

  • Money Market Funds: These funds are perfect for short-term investments, as they focus on government debt securities. They provide a safe option for temporarily holding money, offering high liquidity and consistent returns.
  • Debt Funds: Focused on government securities and corporate debt instruments, they provide a stable income stream with lower risk.
  • Hybrid Funds: With a balanced mix of equity and debt investments, they offer a diversified portfolio in one package.
  • Equity Funds: Targeted at long-term investors, these funds invest in the stock market with the goal of capital appreciation.
  • Solution-Oriented Funds: Aimed at long-term investors, they invest in the stock market with the objective of capital appreciation.
  • Index Funds & ETFs: Tracking specific stock market indices, these funds also include Exchange Traded Funds (ETFs) and Fund of Funds, providing diversified investment opportunities for NRIs.

National Pension System for NRIs

What is NPS?

The National Pension System (NPS) is a defined contribution pension scheme launched by the Government of India as part of pension sector reforms, aiming to provide social security to all Indian citizens. It is managed and regulated by the Pension Fund Regulatory and Development Authority (PFRDA).

Key Features of the National Pension System for NRIs

  • Tier I – Pension account (Mandatory Account - Eligible for tax benefits)
  • Tier II – NRIs are not eligible for this tier
  • Minimum Contribution at Account Opening

    - Tier I – ₹500

    - Minimum annual contribution – ₹1,000 (Each contribution must be at least ₹500)

  • Partial Withdrawals under Tier I

    - Partial withdrawal of up to 25% of the employee's contributions is allowed after a 3-year lock-in period.

    - Withdrawals are permitted a maximum of three (3) times during the entire tenure, subject to conditions set by the Regulator.

  • Exit Option under Tier I

    1. Upon reaching 60 years of age:

    - A minimum of 40% of the corpus must be invested in the Annuity System.

    - 60% of the corpus can be withdrawn as a lump sum or in installments anytime up to the age of 75. The first 40% of the withdrawn corpus is tax-free.

    - If the accumulated corpus is below ₹5 lakhs, the entire amount will be paid as a lump sum to the subscriber.

    2. Before the age of 60 (after 5 years of completion):

    - 20% of the corpus can be withdrawn as a lump sum.

    - The remaining 80% of the corpus will be invested in the Annuity System.

    - If the accumulated corpus is less than ₹2.5 lakhs, the entire amount will be paid as a lump sum to the subscriber.